Su-Kam Power Systems is planning to partner US based Trojan Battery powery to strengthen its battery portfolio for solar and inverter applications in India.
Initiating the alliance, the company has launched a co-branded INV-150 deep-cycle battery in India which powers both commercial and residential inverter applications. The battery features Trojan’s advanced deep-cycle battery technology combined with Su-Kam’s manufacturing expertise in the region.
The two already have a a commercial agreement and are exploring more opportunities for deep cycle battery solutions, including power back up applications for the industrial business market segment.
Founded in 1925, Trojan Battery Company is a manufacturer of deep-cycle batteries with operations in California and Georgia. The company has two research and development centers in North America dedicated to engineering new and advanced battery technology.
Su-kam Power Systems Limited provides power back-up solutions for both domestic as well as industrial markets, with a focus on eco-friendly, inexhaustible energy solutions like solar power. The privately held company, which has investors such as Anil Dhirubhai Ambani Group (ADAG) and Temasek Holdings on board is headquartered in Gurgaon with 7 manufacturing facilties and has over 30000 dealerships in India.
The two Investors launched a $ 200 million private equity fund to invest in India's growing power sector called the Reliance India Power Fund through which it picked up 19.18% of the total paid-up capital of the company and became a major shareholder in the company.
Early this year Su-Kam Power Systems was planning an unidentified solar panel making firm.
Last year, the company had joined hands with Israel-based Gamatronic Electronic Industries to manufacture and sell industrial power back-up solutions in India.
Recently in this space, Stored energy solutions provider, EnerSys had acquired the remaining 49.5% stake in its Indian JV company Energy Leader Batteries India; US based Alpha Technologies had acquired NavSemi Energy, a Bangalore based solar energy harvest maximization technology company
